Tax Foundation: R.I. ranks 17th for income tax collections in 2011

A study conducted by the Tax Foundation found that Rhode Island collected $966 in state and local income tax collections per person in 2011, ranking the state No. 17 in the country for highest per-capita combined collections. More

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Tax Foundation: R.I. ranks 17th for income tax collections in 2011

RHODE ISLAND'S 2011 per-capita state and local income tax collections of $966 per person ranked the state at No. 17 nationally, according to a Tax Foundation study. New York collected the most of any state, with $2,289 per person, while Tennessee collected the least, at $30 per person.

PROVIDENCE – A study conducted by the Tax Foundation found that Rhode Island collected $966 in state and local income tax collections per person in 2011, ranking the state No. 17 in the country for highest per-capita combined collections.

Rhode Island’s 2011 state and local per-capita individual income tax collections came in slightly above the national average of $918 per person. New York collected the most, at $2,289 per person, followed by Maryland with 1,823 per person, Connecticut with $1,806 per person, Massachusetts with $1,761 per person and Oregon with $1,426 per person.

In New England, New Hampshire (No. 42) collected the least of any state regionally, taking in $63 in income tax collections per capita for 2011. Vermont (No. 25) collected $888 per person, and Maine (No. 12) collected $1,070 per person.

The state with the lowest per-capita income tax collections nationwide was Tennessee, with $30 per person. Tennessee and New Hampshire are the only two states in the U.S. that levy a tax solely on investment income and do not have broad-based income taxes.

Among states with broad-based income taxes, Arizona took in the least in 2011, with $445 per person, followed by Mississippi with $470 per person, Louisiana with $527 per person and New Mexico with $529 per person.

Seven states – Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming – levy no state or local individual income taxes and were not included in the Tax Foundation rankings.

Get the most up-to-date data on the Rhode Island and southern Massachusetts business community from the PBN List Center. Download and purchase PBN Lists as well as the complete Book of Lists in Excel format.